NEC Corporation to Acquire CSG Systems
Simpson Thacher is advising CSG Systems International, Inc. (“CSG”) in connection with its announced acquisition by NEC Corporation (“NEC”) for $80.70 per share in cash, for a total enterprise value of approximately US$2.9 billion, including debt. The transaction is expected to close within the 2026 calendar year, subject to the satisfaction of customary closing conditions, including approval by CSG shareholders and receipt of required regulatory approvals.
CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. CSG’s customer experience, billing and payments solution help companies of any size make money and make a difference.
NEC leverages technology to create social value and promote a more sustainable world where everyone has the chance to reach their full potential. NEC’s approximately 110,000 employees utilize world-leading AI, security, and communications technologies to solve the most pressing needs of customers and society.
The Simpson Thacher team includes Anthony Vernace, Fred de Albuquerque, Beth DiSciullo, Julie Siegel, Alexandra Smith, Saakna Batbayar, James Herrmann and Megan Johanneson (M&A); Jeannine McSweeney and Jana Hymowitz (ECEB); Karen Kelley and Eliza Murray (Public Company Advisory); Caroline Geiger and Chandler Gerard-Reimer (IP); Andrew Purcell, Andrew Mandelbaum and Heesang Yeo (Tax); Ken Wallach and Sunny Cheong (Capital Markets); John Lindabury and Nathan Utterback (Derivatives); Brian Steinhardt, Michael Ratay and Elizabeth Greene (Credit); and Krista McManus (Real Estate).